Course Name Year Term Period Faculty / Graduate School All Instructors Credits
15402:IR18‐EE321 International Trade and Investment (R) § 15403:RUIR-3242 International Trade and Investment(R) § 15404:IR-EBS301 International Trade and Investment (R) 2023 Spring Mon3 College　Of　International　Relations YANE HARUKA 2

Campus

KIC

Class Venue

KOSHINKAN　KS305

Language

English

Course Outline and Method

This course will cover the fundamentals and basic theories of international trade and investment, and learn basic concepts that can be applied to real-world cases. Students will learn about the causes and consequences of international trade and acquire the tools to evaluate various trade policies.

Student Attainment Objectives

On successful completion of this course, students should attain:
1. Basic knowledge on theories of international trade
2. The ability to apply these theories to real-world issues
3. The ability to evaluate the effectiveness of trade policies and international economic trends

Recommended Preparatory Course

Basic knowledge of microeconomics is recommended.

Course Schedule

Lecture/Instructor（When there are multiple instructors) Theme
Keyword, References and Supplementary Information
1

Introduction

Overview of World Trade, Globalization

2

The Ricardian Model I

Comparative Advantage, One-Factor Economy

3

The Ricardian Model II

Comparative Advantage, One-Factor Economy

4

The Heckscher-Ohlin Model I

Two-Factor Economy, Stolper-Samuelson Effect, Rybczynski Theorem, Factor Price Equalization Theorem, Heckscher-Ohlin Theorem, Relative Prices, Income Distribution

5

The Heckscher-Ohlin Model II

Two-Factor Economy, Stolper-Samuelson Effect, Rybczynski Theorem, Factor Price Equalization Theorem, Heckscher-Ohlin Theorem, Relative Prices, Income Distribution

6

The Standard Trade Model and Growth

Biased Growth, Immiserizing Growth

7

The “New” Trade Model

Economies of Scale, Imperfect Competition, Intra-industry Trade, “New” Trade Theory, “New” New Trade Theory

8

Firms in the Global Economy

Multinational Enterprises, Foreign Direct Investment (FDI), Outsourcing, Offshoring

9

International Labor Mobility

Marginal Product of Labor, Real Wage, Income Distribution

10

Instruments of Trade Policy I

Tariff, Export Subsidy, Import Quota, Voluntary Export Restraint (VER)

11

Instruments of Trade Policy II

Tariff, Export Subsidy, Import Quota, Voluntary Export Restraint (VER)

12

The Political Economy of Trade Policy

Policy-making Process, Rent seeking, Negotiation

13

Trade Policy in Developing Countries and Controversies in Trade Policy

Import-Substituting Industrialization, Protectionism

14

Concluding Session

Q&A session

15

Final Examination

Final Examination

Class Format

BCP停止の場合は、BCPレベル0～2の記載どおりに授業が行われます。
During the suspension period of BCP, classes will be as described in BCP levels 0-2.

The class Format for each class will be announced on manaba+R’s course news. Also, the class format for the first class will be notified on manaba+R’s course news before the first class(*).
For “Special Consideration”, please check manaba+R’s College of IR Student Page and the “Study Support Site”.

College of IR Student Page：https://ct.ritsumei.ac.jp/ct/course_1728150
Study Support Site：https://www.ritsumei.ac.jp/pathways-future/eng/

(*)To check the class format for the first class of the course, you will need to apply for the “early use request function.” Refer to the Registration Guidebook AY 2023 for details. Please be careful that applying for the early use request does not sign you up for the course. You will need to register for courses during the designated period separately.

Recommendations for Private Study

It is highly recommended to solve the Problem Sets and exercises provided in class and review them in order to understand the theories and their applications.

Grade Evaluation Method

Kind Percentage Grading Criteria etc.
Final Examination (Written)

Report Examination
(A report to be submitted by the unified deadline)

Exams and/or Reports other than those stated above, and Continuous Assessment　
(Evaluation of Everyday Performance in Class)		 100

Final exam (50%)
Problem sets (50%)

Grade Evaluation Method （Note）

Advice to Students on Study and Research Methods

Textbooks

Title Author Publisher ISBN Code Comment
International Economics: Theory and Policy Krugman, Paul R., Maurice Obstfeld, and Marc J. Melitz Pearson Education Limited 978-1292417233 12th edition

Textbooks （Frequency of Use, Note）

The content of this course will be based on this textbook.

Reference Books

Title Author Publisher ISBN Code Comment
The Choice: A Fable of Free Trade and Protectionism Roberts, Russell D. Pearson 3rd Edition

Reference Books （Frequency of Use, Note）

Web Pages for Reference

How to Communicate with the Instructor In and Out of Class(Including Instructor Contact Information)

Learning Management System （manaba+R）,Talk with Students

Other Comments

CONTACT: yanehclass@gmail.com

Please make sure to include “International Trade and Investment” in the subject.
【科目ナンバリング・カリキュラムマップはこちらから/Click here to see the Curriculum-Map and Course-Numbering】
URL:https://secure.ritsumei.ac.jp/students/pathways-future/course/curriculum.html/